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Q. From incomplete records. Statement of …

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Q. From incomplete records. Statement of affairs. Mr. A, a trader, keep his books by single entry method. His Financial position on 1st April, 2014 and 31st March, 2015,was as follows : On 01/04/2014 on31-3-2015 Cash in hand ---- 15,000. 16,000 Bank Balance ---- 12,000(Dr.) 18,000(Dr.) Stock in trade----- 40,000. 46,500 Sundry creditors --- 24,000. 36,000

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CBSE > Class 11 > Accountancy

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